WELCOME TO UNICO INC.
Unico Inc., traded on the Over-the-Counter Bulletin Board market under the symbol UNCO, is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its subsidiary mine properties, including the Deer Trail Mine, the Silver Bell Mine and the Clyde and Crown Point claims.

The Deer Trail Mine, located in Marysvale, Utah has been the subject of two recent exploratory drilling programs, a reverse circulation drill program in 2004 and a diamond core drilling program in 2005. Unico has received approval of a Large-Scale Mining Operations and Reclamation Plan, giving the Company the ability to expand to a large mining operation and execute its long-term plan at the Deer Trail Mine.

A key element of this plan is the operation of the mill and processing facility at the Deer Trail site to establish a revenue center for the Company from activities at the facility. The Company intends to process current stockpiles of precious metal bearing ore and sell the concentrates to generate revenue in the near term. Initiating mining activities at the Silver Bell Mine and additional subsidiary mine properties are included in the Company's comprehensive strategy to bring value to Unico's shareholders.

Mining Claims

HISTORY OF THE DEER TRAIL CLAIMS
Effective June 1, 1992, UNICO, Inc., entered into a ten-year "Mining Lease option to Purchase," with Deer Trail Development Corporation, Dallas, Texas. {now Crown Mines, LLC} 27 patented claims (505 acres), 6 patented mill sites (30 acres), and 137 un-patented claims (2,740 acres), located in the Deer Trail Mountain-Alunite Ridge mining area in the Marysvale volcanic field of west-central Utah, near Marysvale, Utah, about 165 miles south-southwest of Salt Lake City.

On Nov. 26, 2001, UNICO Inc. announced the completion of a new 30 month lease agreement with Crown Mines of Dallas, Texas, for the continued operation of the Deer Trail Mine in Marysvale, Utah. Under the new lease, beginning December 1, 2001, UNICO may operate the Deer Trail Mine until May 29, 2004. At any point during the lease, UNICO may purchase the Deer Trail Mine for $4,000,000 and pay Crown Mines a 3% net smelter royalty.

These "Deer Trail Claims" total 3,275 acres, or 5.12 square miles, and include workings known as the Deer Trail Mine, the PTH Tunnel and the Carisa and Lucky Boy Mines. The PTH Tunnel penetrates more than 10,000 feet, with a developed network of tunnels, shafts, stopes, and raises at the 3,400-foot-area and at the 8,000-foot-area, and was mined by prior owners for gold and silver. The timbered and ventilated tunnels include more than two miles of track for ore cars accessed through a covered entrance structure. On-site are ore cars, battery operated engines, an engine storage and charging house, an electric power substation, a miners' locker room, a compressor building, and a general office, lab, core-sampling and housing facility. Both rail terminals and roadways are easily accessed year around and water is accessible to the site.

The initial Deer Trail claim dates to 1870, and mining activity was almost continuous from the turn-of-the-century to 1981. By as early as about 1911, an estimated $17 million in ore had been hauled from the mine at a time when gold was only $20 an ounce. Companies such as Arundel Mining (the mining instrument of a member of the du Pont family), Phelps Dodge, Marysvale Mining and Noranda have done work there. Arundel, for example, explored at the 3,300-foot-point of the PTH Tunnel and subsequently drove it forward beyond the 10,000-foot-mark. Ore occurrences at the 3,300- and 4,300-foot-areas presaged a significant mining operation in the 8,000-foot-area. Arundel shipped several million dollars of ore containing gold, silver, lead, zinc, copper and cadmium. All such mining operations were ceased in 1981 due to lack of mill and smelter recipients.
Phelps Dodge, and later Noranda, believed the Deer Trail/PTH geology was indicative of a major ore occurrence of molybdenum and copper. For several years, in excess of $250,000 per year was budgeted by them for further exploration and drilling.

The available structural and mineralogical data suggest, according to the United States Department of the Interior U.S. Geological Survey Open-file Report 78-314, that the Deer Trail mountain-Alunite Ridge mining area is centered above a 14-million-year-old epizonal stock that caused the local doming of this area. During emplacement, a dome with a radical fracture pattern formed and, with continued movement, the south side of the dome was uplifted as a trap door. A highly acidic wet-stream environment developed above the stock and the fractures were filled with vein-type alunite; the adjacent rocks were replaced by mixtures of alunite and kaolinite. Economic mineral deposits are also zoned around a barren, sulfate-dominated core at Alunite Ridge, surrounded by a doughnut-shaped ring of epithermal base- and precious-metal veins, and finally by base- and precious-metal mantos containing some uranium.

Multimedia :: Photos and Video

Recent Photo Galleries

	Additional Equipment Installed for the Processing of Gold and Silver at the Deer Trail Mine
	Shipment of 21 Tons of Concentrate 7-20-09
	Additional Equipment Shipped to the Deer Trail Mine - July 2009
	One Ton Shipment to Royal Mines And Minerals Corp.
	Production of Concentrate at the Deer Trail Mill Facility

See the complete photo archive

 

Recent Videos

	Thickener Water Test (Part 1)
	Thickener Water Test (Part 2)
	Flotation Cells (Part 1)
	Flotation Cells (Part 2)
	Flotation Cells (Part 3)
	Flotation Cells (Part 4)
	Flotation Cells (Part 5)
	Flotation Cells (Part 6)
	Testing of the Ball Mill: 3-12-08 (1 of 2)
	Testing of the Ball Mill: 3-12-08 (2 of 2)
	Testing of the Feed Conveyor Belts: 3-12-08
See the complete video archive

Unico, Inc. Ships 21 Tons of Concentrate from the Deer Trail Mine to Royal Mines And Minerals Corp. for Processing of Gold and Silver

Unico, Inc. has shipped an additional 21 tons of material from the Deer Trail Mine in Marysvale, Utah, to Royal Mines And Minerals Corporation for processing of gold and silver content using Royal Mines' proprietary technology for the lixiviation of precious metals. The shipment of 21 individual bags of sulfi de concentrate had an approximate total weight of 42,000 pounds, or 21 tons. The 21 tons of concentrate was produced from approximately 200 tons of material taken from the 3400 area of the Deer Trail Mine.

 

Unico and its wholly owned Deer Trail Mining Company subsidiary had previously shipped several samples of material, including two large bulk samples, to Royal Mines' Phoenix, Arizona facility for sample testing. With this shipment of an additional 21 tons of material, the total amount of concentrate shipped to Royal Mines, including the samples for testing, is approximately 23 tons. "We are pleased to announce the shipment of this concentrate to Royal Mines for the processing of gold and silver," stated Mark A. Lopez, CEO of Unico, Inc. "Given current metals pricing, precious metals are a signifi cant focus of our efforts at this time, and the shipping of concentrate from the Deer Trail Mine for processing is another important step forward in the development of the Deer Trail project."

 

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Contact UNCO.OB

Address:
8880 Rio San Diego Drive,
8th Floor
San Diego,
California 92108
Phone: 619-209-6124
Fax: 619-209-6125

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